Ernst and Young: ”Navigating disruption without gender diversity? Think again.”

”Summary: What is the link between disruption and gender diversity? Innovation. In our experience, the way to spark innovation is to harness the power of different ideas from diverse groups of people who are supported by an inclusive culture. Part of this equation is gender diversity.

Companies that want to survive these challenging times will need to tap into a range of opinions, ideas and experiences. Successful leaders must anticipate and address the sweeping changes in global demographics and advances in technology to create an environment where people and ideas flourish. And improving gender diversity, not only in senior leadership but also across the talent pipeline, can help. At EY, we are passionate about helping our clients drive performance while creating inclusive cultures that reward the best and brightest, and challenge unconscious bias. Gender parity is an important aspect of diversity and inclusion as well as a driver of enhanced economic performance; so much so that in 2015, we created EY Women. Fast forward, a new global platform to catalyze achievement of gender parity within EY and in the wider business world. The proven links between gender diversity on boards and better business performance show that having more women in your boardroom makes good business sense.

Closing the gender gap begins with measurement and reporting. In this latest piece of research, we reveal that business leaders recognize the challenges ahead and acknowledge the importance of diversity. But worryingly, businesses are not adequately tracking their progress toward it or addressing the challenge in a way that will deliver real results.

What’s needed is fresh thinking — to challenge the five disconnects outlined in this report that are holding back progress.

If you think the issue of gender diversity has been solved, think again. We hope that you will join us in the call to action; work on achieving gender parity can, should and must begin today……..”

Read full Publication Report here.

Source: Ernst and Young

About BDTI

The Board Director Training Institute (BDTI) is a “public interest” nonprofit in Japan dedicated to training about directorship, corporate governance, and related management techniques. It is certified by the Japanese government to conduct these activities as a regulated nonprofit. Read a summary about BDTI here, and see a menu of its services for both corporations and investors here.

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